Industry Analysis & Industry Trends
Due to Chinese dietary patterns and lower living standards, the routine consumption of dairy products is limited across the country. China is currently the third-largest dairy producer in the world, after India and the United States. However, per capita consumption of dairy products in China is less than one-quarter of the global average and lower than in many other developing countries. Moreover, dairy product consumption varies considerably across China. Consumption in rural regions is less than 10.0% of that in urban areas.
After strong and steady growth for more than a decade, China's dairy industries were severely affected by the melamine scandal of September 2008, when melamine was found in infant formula and other milk products.... purchase to read more
Industry Report - Industry Key Buyers Chapter
There are expected to be 737 enterprises operating in this industry in 2013, most of which are small or medium in size. The four largest enterprises in the industry, Mengniu, Yili, Bright and Sanyuan, jointly account for about 43.3% of industry revenue in 2013, showing a moderate industry concentration level.
The concentration level differs across regions and is higher in provinces in the North East China and North China regions, where the main manufacturing facilities are located in provinces such as Inner Mongolia, Heilongjiang, Liaoning, Hebei and Beijing.
The industry concentration ratio will increase as small factories and some medium-sized enterprises are likely to be acquired by larger firms... purchase to read more